(Roughly) Daily

There’s a lot less there than meets the eye…

Dennis Dammerman
Chairman of Compensation Committee at AIG

Once a year, the folks at 24/7 Wall St. offer a counterpoint to the 100 Best___, 100 Hottest ___, and 100 Most Powerful___ lists ubiquitous at this time of year, their roster of the “100  Least Powerful People Under 100 Years Old.”

To qualify for this 24/7 Wall St. list, a person had to be well known, at least in his or her own field or country,  had to be under 100 years of age, and had to be perceived to hold a position of power or influence well beyond the reality of  his station.

This year’s #1 (as it were):  the Chair of the AIG Board’s Compensation Committee… “He has no power since AIG executive compensation is set almost entirely by pay czar Ken Feinberg.”

The list includes business executives, politicians, athletes, entertainers, even religious leaders… it makes for amusing reading– and for a powerful reminder that what goes up has a nasty habit of coming back down…

(TotH to Stewart Alsop)

As we speed dial our PR consultants, we might recall a high-ranker on the “Least Influential” list of 1856, as it was on this date that year that Millard Fillmore was nominated for the Presidency by the Know-Nothing Party.  Fillmore had ascended to the presidency in 1850, when Zachary Taylor died, but failed to get his own party’s– the Whig’s– nomination to run for re-election in 1852.  In 1856, Fillmore turned to the Know-Nothings in (an ultimately unsuccessful) attempt actually to be elected to the office.  (He was finally trumped by Gerald Ford, who was not even elected– but was appointed by Richard Nixon– to the Vice-Presidency, then assumed the top job on Nixon’s resignation.)

Millard Fillmore, by Matthew Brady (1850)

Your correspondent is enjoying an island of connectivity during the previously-announced trip.  So while it’s been possible to get this post off (albeit, in an unusually-timed way), regular service is unlikely to resume until next week.

Written by (Roughly) Daily

February 18, 2010 at 9:39 pm

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